LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,066
Monthly Cash Flow
$210
Principal + Equity
$2,252
Annual Total Gain
$29,548
Cash on Cash
3.61%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Suburbs in Florida
#12out of 380 markets
Most Diverse Places to Live in Florida
#22out of 1195 markets
Best Suburbs for Young Professionals in Florida
#193out of 380 markets
C
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Greenacres, FL.
As of September 2021, Greenacres, FL does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any updates from the city government.
Investors should also consider the potential impact of STR regulations on their investment property, such as occupancy limits, noise restrictions, and licensing requirements. It is important to research the local market and understand the demand for short term rentals in Greenacres before making a purchase.
Additionally, investors should consider the potential for changes in the tourism industry, as well as the impact of events such as hurricanes or economic downturns on the demand for short term rentals in Greenacres.
Overall, investors should carefully consider the potential risks and rewards of investing in short term rentals in Greenacres, FL, and stay informed about any changes in regulations that may affect their investment.
Market Trends Over Time
Explore 25 years of market data for Greenacres, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Greenacres, FL.
The LTR Genie Score of Greenacres, FL is 74, indicating a moderate level of attractiveness for long-term rental investment. The STR Genie Score is slightly lower at 65, also falling within the moderate range. The LTR Rent Growth Rate of 0.0% may have contributed to the slightly lower STR Genie Score, as investors may see more potential for growth in the long-term rental market. However, both the LTR and STR Net ROI are quite high, with the LTR Net ROI at 42.29% and the STR Net ROI at 39.32%. This suggests that both long-term and short-term rental investments could be profitable in Greenacres, FL.
Greenacres, FL is a city located in Palm Beach County, known for its family-friendly community and convenient access to amenities such as parks, schools, and shopping centers. The city offers a mix of residential neighborhoods and commercial areas, making it an attractive location for real estate investors looking to diversify their portfolios.
In conclusion, Greenacres, FL presents opportunities for both long-term and short-term rental investments, with high potential for returns in both markets. Investors may consider diversifying their portfolio by investing in both rental strategies to maximize their profits in this growing market.
